Forex market hours. When to trade and when not to

Forex market is open 24 hours a day. It provides a great opportunity for traders to trade any time of the day or at night. However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market.

So, when should one consider trading and why?

The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit. A calm, slow market is literally wasting of time — turn off your computer and don't even bother!

Forex trading hours, Forex trading time:

New York opens at 8:00 am to 5:00 pm EST

Tokyo opens at 7:00 pm to 4:00 am EST

Sydney opens at 5:00 pm to 2:00 am EST

London opens at 3:00 am to 12:00 noon EST



And so, there are hours when two sessions are overlapped:

New York and London — 8:00 am — 12:00 noon EST
Sydney / Tokyo — 7:00 pm — 2:00 am EST
London / Tokyo — 3:00 am — 4:00am EST

For example, trading EUR/USD, GBP/USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active.

At those overlapping trading hours you'll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.

Forex is a High Risk Investment

”Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.

More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.”

Forex forcast

This ss was brought to us by a friend of mine. Shows that anything is possible in forex! An inspiration for whats to come.

Repair your GRUB loader

Repair your GRUB loader

GRUB is the bootloader of choice for Ubuntu, it is flexible and can be edited to load windows partitions if needed. Every once in a while windows may have the inclination to overwrite your bootloader with its own. This will make accessing your Ubuntu box a mission – fear not, I have a quick solution ;) Follow these steps to repair your GRUB loader:
Boot your PC with an Ubuntu Live CD in the drive
Open a shell (Terminal)
Type the following to re-configure GRUB
sudo grub
Type the following followed by the TAB key
root (hd
This will provide you with a list of possible physical drives eg:
hd0 or hd1
Type the number of the drive you installed ubuntu on, not to worry if you unsure, the next step with tell you if you on the right path. Add a ‘,‘ after the number and press the TAB key again:
root (hd0,
You will see something similar to the following:

Edit The Grub Boot Sequence In Ubuntu / Mint

edit the grub boot sequence in Ubuntu / Mint

Thursday, 19. July 2007, 19:17:39

installed ubuntu 7.04 day before yesterday. this will be my 3rd or 4rth attempt at migrating to linux.

first thing, was to either write enable my other windows partitions, so i can continue my torrents from linux..

.. since i couldnt manage that, i decided to edit the grub loader and make windows vista the default os...

that wasnt as easy. i'd forgotten how i did it the last few times...

so for future reference am putting this here:

1) to edit the boot sequence, you need to edit the menu.lst file under root/boot/grub/

2) the file is of course write protected, the only way to edit it is with "root" priviledges. for the linux nooby, Root is like the default Administrator account on Win xp.
so log out and try to log in as root.....
didn't work? well thats coz the guys behind ubuntu realised, that allowing us noobs to log in as root was like giving a 2 year-old a stick of dynamite and a blowtorch.

Forex Market Recess Time

So Let's Begin.

To the untrained eye, the market moves in unpredictable, erratic movements throughout the day. But if you've spent as much time looking at the charts as I have over the years, you'll notice that the price movements are actually a lot less random than most people think.

Here's the thing:

Prices tend to trend (and retrace) at specific times of the day,
resulting in a predictable daily market cycle.

This happens largely because the Institutional Traders (i.e. the big traders who move the markets) operate in a predictable manner: they tend to close out their positions at the same time each day.

If you opened a trade in the direction of the trend at the same time these traders are exiting their positions, your stop loss will very likely be triggered by the resulting retracement.

So it's best to avoid trading at these times:

GMT	EST	Reason
6:00 - 7:00	2:00 - 3:00	Asian traders take profits as they prepare for the London session
11:00 - 12:00	7:00 - 8:00	European traders take profits as they go to lunch, and also to prepare for the opening of the U.S. session
15:00 - 16:00	11:00 - 12:00	European traders exit their positions as the London session closes

And That's It.

Simply avoid opening a trade during these times, and you'll see an instant improvement in your trading. You can apply this information right away.

Once you understand how the industry (and the market) works, the price movements on the charts suddenly don't seem so random any more, does it? :-)

Now go out there and make some money!

Ps: Remember the GMT for both the broker's are GMT+2

Forex Look out Analisis

Seperti yang sedia maklom. Forex merupakan satu perniagaan.
Dan bagi memastikan perniagaan anda berterusan, terdapat beberapa perkara yang perlu di beri perhatian.

Market forex bergerak mengikut pasaran dunia. kelemahan dan kekuatan sesebuah ekonomi bergantung kepada produktivity sesebuah negara.
Bagi menganalisis pasaran. terdapat beberapa website yang perlu di ambilkira sebelum memulakan urusniaga. website-websit ini penting bagi mengatahui news dan event yang berlaku di dalam dunia pasaran ini.

http://www.forexfactory.com/



http://www.bloomberg.com/

dan tidak dilupakan

http://www.babypips.com/